Bitcoin Cash mcxnow bitcoin value created back in August of last year. Many in the cryptocurrency community consider forks like these to be simple cash grabs at best, and potential scams at worst. LCC as far as I can tell.
Read on for a basic guide on how to safely sell your LCC. 0 of the popular miner was released about a week ago, and I’ve been running it on my own rigs for several days now with no issues. You can get the latest version here. Note that you may have to whitelist it with your anti-virus software, as many flag Claymore as potential malware. If you rebooted your linux-based mining rig at some point in the last couple days, you may have noticed that your mining hashrate was drastically lower after your system restarted. Spectre vulnerabilities present in Intel CPUs was deployed on January 9th, and it had the unintended consequence of negatively impacting GPU mining speed. Thankfully, you can manually remove the update for now.
Just follow these instructions and you should be back to normal. Thanks to the many readers that wrote in and made me aware of the issue! I intended to get this post up earlier, but I’ve been under the weather lately. Now that we’re about a week into 2018, it’s probably a good time to talk about what’s in store for cryptocurrency as this decade winds down. I just don’t know what’s going to happen tomorrow. Just wanted to take a minute and wish everyone a happy holiday season! I’ve heard from quite a few of you over the past couple months, including some folks that started following my blog back in 2013.
A few of you have indicated that you’re now crypto-millionaires, which is incredible. While I haven’t been able to respond to everyone individually, it’s been really amazing hearing all of your stories. Hope everyone has an enjoyable holiday—look for my 2018 cryptocurrency predictions at some point in the coming week! Just a quick note that I finally sat down and updated the hardware, Linux, and Windows sections of my Ethereum mining guide today, bringing everything up-to-date with current best practices.
The Linux setup guide especially deserves your attention if you set up your own rig in the recent past and have noticed a slow degradation in speed over time as the Ethereum DAG file has grown in size. Bitcoin’s value has been increasing steadily over the past 48 hours, hitting new all-time highs nearly hourly—and it doesn’t look like it’s slowing down. Holidays are a prime opportunity for tech-saavy family members to extol the virtues of cryptocurrency to less technology-literate relatives. It’s not just Bitcoin that’s up—cryptocurrency in general has seen double-digit gains over the past week. I’ve been telling people for months that 2018 will be the year of the five-figure Bitcoin. Bitcoin Cash and Bitcoin Gold forks.
Just a quick heads up that the Ethereum network will experience a planned hard fork at some point early tomorrow. A few of you have emailed me with questions about what you need to do to prepare, and the short answer is that no action is immediately necessary if you’re primarily worried about the continued operation of your miners. You don’t need to do this immediately—just make sure that you update before sending coins from your wallet. The Whoppercoin tokens were reportedly issued using the Waves Platform, and the value of each token isn’t yet clear—though speculation indicates that Whoppercoins will eventually be redeemable at Burger King restaurants for food.
Russian Burger Kings are also slated to start accepting Bitcoin as a payment method this year. Quotes delayed up to 5 minutes. In this fifth and final installment of our Ethereum mining rig guide, I answer some common questions about setting up your own rig, profit expectations, and mining in general. If you’ve read the rest of the guide and still have some unanswered questions, you might find what you’re looking for here.
So how much money can I expect to make from mining, exactly? How do I convince my significant other that building a rig is a good idea? 580, or another video card entirely? Is it possible to pack more than that onto one motherboard? Don’t I need more than 4GB of system RAM? A lot of other guides recommend more. Why do I need a 1200 watt power supply if I’m undervolting?
Won’t I only be using 700-800 watts with 6 GPUs? And is it worth paying so much for a high efficiency unit? Can I utilize my mining rig for anything else while it’s mining? How much of my internet bandwidth will my mining rig use? My rig won’t boot properly unless a monitor is connected—what’s up with that? Isn’t Ethereum moving to proof-of-stake soon? Won’t that make our rigs obsolete?
I have an old video card with 2GB of memory laying around. Can I use it to mine ETH? Other guides say that you shouldn’t run Linux off a USB drive if you plan to mine ETH, because constant DAG file writes will quickly wear the stick out. Your guide says that a USB stick is ok for a Linux-based ETH mining rig. Just when I was about to reach 1 ETH at my mining pool, my balance went to zero! How do I keep my ETH wallet safe?
I see that Claymore supports dual mining—what is that, and should I use it? Can I buy you a beer? Your mining guide has been a huge help! Answers So how much money can I expect to make from mining, exactly? This is the question that most people are interested in. The answer is fairly complicated, and changes daily. A month before that, ether was trading at less than half its current value.